CostIndexUSA

Portland, ME vs Reno, NV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Portland
101.9
overall index
$2,200/mo rent
More AffordableNV
Reno
101
overall index
$1,900/mo rent

Reno is slightly cheaper than Portland — 0.9% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $79,300 in Reno. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+17.4%
Portland
105.2
Reno
123.5
🛒 Groceries0.9%
Portland
97.2
Reno
96.3
🚗 Transportation4.3%
Portland
108.4
Reno
103.7
🏥 Healthcare4.3%
Portland
98
Reno
93.8
Utilities33.7%
Portland
134.6
Reno
89.3

Salary Equivalency Calculator

Enter your current salary in Portland to see what you'd need to earn in Reno to maintain the same purchasing power.

$
Equivalent salary in Reno, NV
$79,300
$700 less needed in Reno

Formula: salary × (101 ÷ 101.9) = salary × 0.9912. Based on BEA Regional Price Parities.

Housing Market

Portland, ME

Median Home Price
$516,000
Median Monthly Rent
$2,200
Housing Index
105.2
Price-to-Rent Ratio
19.5×

Reno, NV

Median Home Price
$551,000
Median Monthly Rent
$1,900
Housing Index
123.5
Price-to-Rent Ratio
24.2×

Reno has 17.4% higher housing costs compared to Portland.

Income & Job Market

Portland, ME

Median Household Income
$92,100
Per Capita Income
$52,500
Unemployment Rate
2.4%
Population
68,408
Top Industries
HealthcareEducationTourismFinanceTechnology

Reno, NV

Median Household Income
$83,800
Per Capita Income
$47,800
Unemployment Rate
3.8%
Population
264,165
Top Industries
GamingHealthcareManufacturingTechnologyLogistics

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Portland, ME
3.5×income-to-rent ratio

71% of income left after rent (median)

Reno, NV
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.